EMPLOYEE PLANS

REG-100669-24, page 819. These proposed regulations would provide guidance regarding a change made by the SECURE 2.0 Act that requires certain retirement plans to automatically enroll eligible employees beginning in 2025. Among other exceptions, this requirement does not apply to plans established before December 29, 2022. These proposed regulations also would amend the rules regarding notice requirements for plans that include eligible automatic contributions arrangements to reflect changes made by the SECURE 2.0 Act. The proposed regulations would affect participants in, beneficiaries of, employers maintaining, and administrators of these plans.